Investment Times

Zeepay, a leading African fintech company, has received approval from the Bank of Ghana to launch its outbound money transfer service, enabling cross-border payments from Ghana to key destinations worldwide. In partnership with MoneyGram, UBA, and Ecobank, Zeepay's service allows users to send up to $10,000 annually to mobile money wallets or bank accounts in countries such as the UK, USA, Ivory Coast, and Nigeria. This approval marks a significant milestone, as it is the first of its kind granted by the Bank of Ghana or any other regulator within the regulatory sandbox to a mobile money operator originating from...